bond-basics

Writ of Mandamus

An order from a court to a government official ordering the government official to properly fulfill their official duties or correct an abuse of discretion.

Hudson Yards Rail Yards

Start with the Bond Basics

Additional Bonds

Bonds which may be issued in the future under the same master indenture, bond resolution/ordinance, and related documentation upon meeting certain conditions designed to ensure that the revenues available to repay the original bonds, any currently outstanding additional bonds, and the proposed additional bonds will be sufficient (the “additional bonds test”).